Worst economic crisis since 1930s depression, IMF says

Post by Retric » Fri, Apr 10, 2020, 2:06 AM UTC

TechBro8615 wrote: post #93

andbberger wrote: post #33

Earlier quoted context omitted.

The US's response could not be described as anything even approaching competent. This is still just getting started. Let's check back in a few months and see how this comment has aged...

This is an emotionally charged political comment. If you only watch CNN and read the NYT, you might think this. But if you look at the curve, and per-capita death numbers, the US seems to be doing a good job managing the crisis relative to its size. Has anyone in the US died because they didn’t have a ventilator? Not that I’m aware of. Washington State is already on the downslope. The history books will be very kind…

Post by TechBro8615 » Fri, Apr 10, 2020, 2:07 AM UTC

andbberger wrote: post #109

TechBro8615 wrote: post #93

Earlier quoted context omitted.

This is an emotionally charged political comment. If you only watch CNN and read the NYT, you might think this. But if you look at the curve, and per-capita death numbers, the US seems to be doing a good job managing the crisis relative to its size. Has anyone in the US died because they didn’t have a ventilator? Not that I’m aware of. Washington State is already on the downslope. The history books will be very kind…

Yes indeed yours is an emotionally charged political comment, thanks for prefacing it with the warning. NY has started splitting ventilators.

Post by NomDePlum » Fri, Apr 10, 2020, 2:09 AM UTC

pmorici wrote: post #103

NomDePlum wrote: post #79

Earlier quoted context omitted.

So you want to speculate on this? All evidence is strongly against what you are proposing. It would without doubt lead to more deaths. Why would anyone even consider the course of action you are proposing? I've already had people close to me die. You should think some more and be able to provide a reasoned argument or be quiet until you can on this.

Universal mask wearing is part of the approach they have taken in South Korea, Taiwan, and Singapore and it seems to have largely worked in those places. The whole "masks don't work" line being pushed by the US government and the media seems to be about keeping people from buying masks that are needed in the hospitals. In the process they are sort of lying to people about the effectiveness of mask wearing as a piece…

Post by eternalny1 » Fri, Apr 10, 2020, 2:09 AM UTC

baby wrote: post #15

mLuby wrote: post #2

And yet the stock market is already recovering. I guess "worst crisis since Great Depression" has been priced in?

The increase we’ve seen in the last two weeks make zero sense to me. It’s almost making me lose trust in the market as I feel like it’s rigged. We’re in a complete state of unknown, nobody knows when this will be over, unemployment raises like crazy, the US now realizes that coronavirus is hitting them the hardest...

Post by 6nf » Fri, Apr 10, 2020, 2:10 AM UTC

NomDePlum wrote: post #105

hnaccy wrote: post #97

Earlier quoted context omitted.

Taiwan seems to have done it. Compare NYC and Taipai public transit during virus it's stark: https://i.redd.it/ufezdm2hjul41.jpg https://www.thenation.com/wp-content/uploads/2020/04/commute...

Citation please. That has certainly not been true of China, S.Korea, NZ, Germany, Australia or other countries that have successfully followed a suppression strategy.